KE FIBERTEC A/S — Credit Rating and Financial Key Figures

CVR number: 19138038
Industrivej Vest 21, 6600 Vejen
tel: 75364200

Credit rating

Company information

Official name
KE FIBERTEC A/S
Personnel
45 persons
Established
1996
Company form
Limited company
Industry
  • Expand more icon13Manufacture of textiles

About KE FIBERTEC A/S

KE FIBERTEC A/S (CVR number: 19138038) is a company from VEJEN. The company reported a net sales of 76.2 mDKK in 2023, demonstrating a decline of -0.1 % compared to the previous year. The operating profit percentage was at 7.1 % (EBIT: 5.4 mDKK), while net earnings were 9770 kDKK. The profitability of the company measured by Return on Assets (ROA) was 21.1 %, which can be considered excellent and Return on Equity (ROE) was 25.6 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 66 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. KE FIBERTEC A/S's liquidity measured by quick ratio was 0.5 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
20192020202120222023
Volume
Net sales76 290.0076 218.00
Gross profit26 724.0020 470.0023 221.0024 992.0024 547.00
EBIT12 578.006 105.007 846.005 958.005 431.00
Net earnings18 550.0012 592.0015 805.0015 385.009 770.00
Shareholders equity total32 306.0028 342.0032 725.0036 476.0039 946.00
Balance sheet total (assets)42 506.0038 874.0048 722.0052 566.0060 548.00
Net debt8 178.0012 355.00
Profitability
EBIT-%7.8 %7.1 %
ROA31.5 %15.0 %17.9 %35.8 %21.1 %
ROE64.1 %41.5 %51.8 %44.5 %25.6 %
ROI33.8 %15.0 %17.9 %38.5 %24.2 %
Economic value added (EVA)12 074.654 481.626 421.813 017.853 856.99
Solvency
Equity ratio100.0 %100.0 %100.0 %69.9 %66.0 %
Gearing22.5 %31.3 %
Relative net indebtedness %20.8 %26.5 %
Liquidity
Quick ratio0.80.5
Current ratio1.40.9
Cash and cash equivalents29.00164.00
Capital use efficiency
Trade debtors turnover (days)22.320.9
Net working capital %5.9 %-1.2 %
Credit risk
Credit ratingBBBBBBAAAAA

Variable visualization

ROA:21.1%
Rating: 76/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:66.0%
Rating: 50/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Chairman of the board

Companies in the same industry

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